Tamil Nadu: Stalin's 1st budget reduces petrol price by 3 per litre

Tamil Nadu budget: Government employees in the state will get maternity leave for a year.
Tamil Nadu finance minister PTR Palanivel Thiagarajan presents the state budget in Assembly, in Chennai.(PTI)
Tamil Nadu finance minister PTR Palanivel Thiagarajan presents the state budget in Assembly, in Chennai.(PTI)
Published on Aug 13, 2021 03:45 PM IST
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By hindustantimes.com | Written by Poulomi Ghosh

The DMK government will face a deficit of 1,160 crore a year, as the state government announced a major relief by reducing the petrol price by 3 per litre in the first budget of MK Stalin's government. 

"Tamil Nadu has 2.6 cores of people using two-wheelers. 3 is reduced in petrol by the Tamil Nadu government. Because of this government will face a 1,160 crores deficit," said finance minister Palanivel Thiagarajan. This is being seen as a masterstroke by Stalin at a time when fuel price is burning a hole in the pocket of the middle-class people across the country.

Climate change was another important sector that got a huge outlay of 500 crore in the budget. Stalin's poll promise of providing a monthly amount of 1,000 to women members was also taken into account.

Here are the top highlights of Stalin's first budget

> Petrol price to become cheaper in the state by 3 per litre.

> 703 crore granted as subsidy for free bus travel for women.

> Chief Minister's Insurance Scheme will be implemented from this year at a cost of 1,046 crore.

> Chennai will get three new flyovers. Efforts will be taken to make Chennai poster-free.

> Maternity leave period extended to 12 months from 9 months.

> Chennai Metro Rail Phase 2 will be completed by 2025.

> 3,800 crore for rural housing.

> 1,725 crore has been allocated for theMGR lunch scheme for the year 2021-22.

DMK government's first budget after coming to power in May was also the first paperless budget in the history of Tamil Nadu.

(With agency inputs)

 

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Friday, October 22, 2021